Economics debate: Andrew Little, James Shaw, Winston Peters

It's been a trifecta of if not bad, then worrying economic news this week.

First Landcorp reigned in its plan dairy expansion, predicting increasing price volatility, then Fonterra announced another drop in its forecast payout and The Reserve Bank cut the official cash rate to a record low of 2.25 percent with warnings of risk ahead.

Labour leader Andrew Little, Green Party co-leader James Shaw and New Zealand First leader Winston Peters joined Lisa Owen to discuss.